Deals of the week - March 12 2012

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Deals of the week - March 12 2012

Type of Deal

Value

Acquirer

Target

Adviser to acquirer (tax)

Adviser to target (tax)

Global Strategic Alliance

$1.32 billion

General Motors

PSA Peugeot Citroën

Freshfields Bruckhaus Deringer

Bredin Prat

Acquisition

$1.3 billion

Molycorp

Neo Material Technologies

Jones Day / McCarthy Tetrault

Fogler, Rubinoff / McDonald Hopkins / Stikeman Elliott

Acquisition

610.7 million

LSE

LCH.Clearnet

Freshfields Bruckhaus Deringer / Sullivan & Cromwell

Clifford Chance

Acquisition

$463 million

Energy Capital / PPL Generation / GDF Suez International

AES Red Oak / AES Ironwood / AES Energia Cartagena

Latham & Watkins - David Raab, Kevin Brogan

Acquisition

$321 million

SingTel

Amobee

Fenwick & West - Michael Solomon, Natalie Pardo De Zela

Acquisition

$171 million

Legrand France

Numeric Power Systems

WongPartnership - Low Kah Keong, Teo Hsiao-Huey, Jeffrey Lim, Ameera Ashraf

Amarchand & Mangaldas & Suresh A. Shroff & Co

Type of Deal

Value

Issuer/Borrower

Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Notes Offering

$2.75 billion

PepsiCo

Goldman Sachs / J.P. Morgan / Merrill Lynch

Davis Polk & Wardwell - Avishai Shachar, Patrick Sigmon

Jones Day

Notes Offering

$800 million

Wyndham Worldwide

J.P. Morgan / Deutsche Bank / Goldman Sachs

Kirkland & Ellis

Davis Polk & Wardwell - Harry Ballan, Nessia Kushner

Fixed Rate Subordinated Notes Issue

$798.5 million

DBS Bank

Allen & Gledhill

WongPartnership - Hui Choon Yuen

Notes Offering

$600 million

Heinz

J.P. Morgan / Merrill Lynch / UBS

Davis Polk & Wardwell - Samuel Dimon, Adam Perry

Sullivan & Cromwell

Investment Grade Notes Offering

$500 million

Fifth Third Bancorp

Deutsche Bank / J.P. Morgan / Morgan Stanley

Graydon Head & Ritchey

Davis Polk & Wardwell - Rachael Kleinberg, Sarah Joy

Five Year Revolving Credit Facility

$462.6 million

Aurubis AG

Commerzbank / Deutsche Bank / Unicredit Bank

Hengeler Mueller

Clifford Chance

Follow-On Equity Offering

$370 million

Waste Connections

Morgan Stanley

Latham & Watkins

Davis Polk & Wardwell - Lucy Farr, Neil Barr, Gregory Hannibal, Johann Wagner

Initial Public Offering

$123.3 million

Yelp

Goldman Sachs / Citigroup / Jefferies & Co

Davis Polk & Wardwell - Rachel Kleinberg, Una Au

more across site & shared bottom lb ros

More from across our site

Trump announced he will cut tariffs after India agreed to stop buying Russian oil; in other news, more than 300 delegates gathered at the OECD to discuss VAT fraud prevention
Taxpayers should support the MAP process by sharing accurate information early on and maintaining open communication with the competent authorities, the OECD also said
The Fortune 150 energy multinational is among more than 12 companies participating in the initiative, which ‘helps tax teams put generative AI to work’
The ruling excludes vacation and business development days from service PE calculations and confirms virtual services from abroad don’t count, potentially reshaping compliance for multinationals
User-friendly digital tax filing systems, transformative AI deployment, and the continued proliferation of DSTs will define 2026, writes Ascoria’s Neil Kelley
Case workers are ‘still not great’ but are making fewer enquiries, making the right decision more often and are more open to calls, ITR has heard
There is a shocking discrepancy between professional services firms’ parental leave packages. Those that fail to get with the times risk losing out in the war for talent
Winston Taylor is expected to launch in May 2026 with more than 1,400 lawyers across the US, UK, Europe, Latin America and the Middle East
They are alleging that leaked tax information ‘unfairly tarnished’ their business operations; in other news, Davis Polk and Eversheds Sutherland made key tax hires
Overall revenues for the combined UK and Swiss firm inched up 2% to £3.6 billion despite a ‘challenging market’
Gift this article